The balance sheets for Federer Sports Apparel for 2022 and 2021 are presented below. 2. Prepare a horizontal analysis for 2022 using 2021 as the base year. (Note: If the percentage increase or decrease cannot be calculated, then leave the cell blank. Decreases should be indicated by a minus sign. Round your percentage answers to 1 decimal place.) Increase (Decrease) Amount % FEDERER SPORTS APPAREL Balance Sheet December 31 Year 2022 2021 Assets Cash $ 2.220,000 S 1,000,000 Accounts receivable 1,530,000 1,200,000 Inventory 3,675,000 1,750,000 Buildings 9,525,000 9,525,000 Less: Accumulated depreciation (1.950,000) (975,000) Total assets $ 15,000,000 $ 12,500,000 Liabilities and Stockholders' Equity Accounts payable $ 1 500,000 $1,200,000 Contingent liability 990,000 Common stock 6.900.000 6.900.000 Retained earrings 5,610.000 4.400,000 Total liabilities and stockholders' equity $ 15,000,000 5 12,500,000